Competition Bill to be tabled in Parliament

The country’s competition and consumer protection policy and law, in line with the East African Community (EAC) Competition Act, will soon be tabled in the Chamber of Deputies. The Act, which establishes a regional competition authority, was assented to by the EAC Heads of State in 2006.  It lays down rules for fair competition where small and big firms co-exist in a market controlled by market forces. Speaking to The New Times yesterday, Francois Kanimba, Minister of Trade and Industry, said that the draft legislation would be tabled before parliament, next week.